Pending
Sale Pending at 508 Tennessee St NE, Albuquerque, NM 87108 | MLS# 1111950 | Listing updated on 2026-10-04
Photo 1 of Sale Pending at 508 Tennessee St NE, Albuquerque, NM 87108 | MLS# 1111950 | Listing updated on 2026-10-04
Photo 2 of Sale Pending at 508 Tennessee St NE, Albuquerque, NM 87108 | MLS# 1111950 | Listing updated on 2026-10-04
Photo 3 of Sale Pending at 508 Tennessee St NE, Albuquerque, NM 87108 | MLS# 1111950 | Listing updated on 2026-10-04
Photo 4 of Sale Pending at 508 Tennessee St NE, Albuquerque, NM 87108 | MLS# 1111950 | Listing updated on 2026-10-04
49+
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Street View

$315,000

Monthly Est:$1,568

  • Beds Icon8 Beds
  • Beds Icon
    4 Baths
  • Beds Icon3,200sqft

508 Tennessee St NE, Albuquerque, NM 87108

$1,568/moEst:

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  • Quadruplex

  • Built in 1978

  • $-- HOA

  • 13,068 sqft lot

  • $98/sq.ft

Description

**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **Excellent investment opportunity with this 4-unit multifamily property in Albuquerque! Each unit offers approximately **800 square feet with 2 bedrooms and 1 bathroom**, providing a total of **8 bedrooms and 4 bathrooms** across the property.Previously fully rented for the past several years, this property offers flexibility for the next owner. **Update and improve the units to maximize future rental potential, or prepare them for tenants with minimal turnaround.** The established multifamily configuration makes this a great opportunity for investors looking to add doors to their portfolio.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)With **seller financing available**, buyers may have additional flexibility when structuring their purchase. Whether you're looking for your next value-add project or a multifamily rental opportunity, 508 Tennessee St SE is ready for its next chapter!**Buyer to do own due diligence on sqft and condition as seller never lived at the property and rented it out through another company for length of ownership.

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 4, 2026 at 5:42 pm
  • Listing Provided by: K2 Omni Group (505) 750-2837 DRE #50525, 20817, Kristina Salcido (505) 227-8742 DRE #20817 | EXP Realty, LLC (505) 750-2837
  • Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1111950 Greater Albuquerque AOR (SWMLS) MLS-NM

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Bernalillo County

  • City

    Albuquerque

  • Neighborhood

    La Mesa

  • Year Built

    1978

  • HOA Fees

    -

  • Finished Area

    3,200 sqft

  • Lot Size

    13,068 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Greater Albuquerque AOR (SWMLS) MLS

  • MLS Number

    1111950

  • MLS Status

    Pending

  • Days on Market

    1

  • Cumulative Days on Market

    1

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 4

Interior

  • Flooring

    Tile

  • Cooling

    Evaporative Cooling

  • Heating

    Central, Forced Air

  • Appliances

    Refrigerator

Construction

  • Year Built

    Year Built: 1978

  • Home type

    Quadruplex

  • Construction Materials

    Frame, Stucco

  • Property Condition

    Resale

Utilities & Energy

  • Security Features

    Security Gate

  • Utilities

    Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Other Features

  • Community Features

    Storage Facilities

  • Tenant Pays

    Other, See Remarks

  • Disclosures

    Lead Based Paint Disclosure, Ranm2100disclosure

Price History

DateEventPrice

10/04/2026

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #1111950

Pending

$315,000

$98/sqft

10/03/2026

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #1111950

Listed for Sale

$315,000 +126.62%

$98/sqft

12/05/2012

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #737968

Sold

$139,000

$43/sqft

Nearby Homes

Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 02, 2026, 09:00AM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.

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